Business GCSE
Collateral / Security
What Collateral / Security means in Business GCSE, as defined for AQA.
Definition of Collateral / Security
Check what you remember
Read the wording for your board, then hide it and explain Collateral / Security in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
An asset (like a building) that a bank can claim if a loan is not repaid.
Topics that use Collateral / Security
- Sources of finance (AQA GCSE)
Related terms
- Application to context
- Cash Flow
- Dividends
- External finance
- External sources of finance
- Internal versus external sources of finance
- Retained profit
- Risk and cash-flow pressure
Using Collateral / Security in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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